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Hindsight is of little value in the decision-making process. It distorts our memory for events that occurred at the time of the decision so that the actual consequence seems to have been a "foregone conclusion." Thus, it may be difficult to learn from our mistakes.

Diane F. Halpern (2002). “Thought and Knowledge: An Introduction to Critical Thinking, 4th Edition”, p.340, Routledge
Hindsight is of little value in the decision-making process. It distorts our memory for events that occurred at the time of the decision so that the actual consequence seems to have been a foregone conclusion. Thus, it